Advanced Analytics/Business Intelligence has been placed at no.2 in Gartner’s list of the 10 top technologies that information technology personnel need to plan for.
Gartner defines Advanced Analytics as: Optimization and simulation using analytical tools and models to maximize business process and decision effectiveness by examining alternative outcomes and scenarios, before, during and after process implementation and execution. This can be viewed as a third step in supporting operational business decisions. Fixed rules and prepared policies gave way to more informed decisions powered by the right information delivered at the right time, whether through customer relationship management (CRM) or enterprise resource planning (ERP) or other applications. The new step is to provide simulation, prediction, optimization and other analytics, not simply information, to empower even more decision flexibility at the time and place of every business process action. The new step looks into the future, predicting what can or will happen.
The list, presented Tuesday at the Gartner Symposium in Orlando, by analysts David Cearley and Carl Claunch looks like this:
Further information from Gartner can be found here: Gartner Identifies the Top 10 Strategic Technologies for 2010